jcaleb
New Member
Check who is dropping prices around 50% all of a sudden. Maybe companies giving 1GB or 2GB in 20 dollars give or take, yearly plans.
I have 1 suspect....
Semoweb Sold / Acquired?!?!
- Thread starter drmike
- Start date
I have 1 suspect....
But the one you are suspecting is owned by a way larger company that isn't likely to sell. That company also has many rumored shell companies.
jcaleb
New Member
my suspect is a smaller host... not very old
drmike
100% Tier-1 Gogent
Based on what Root Level is doing and pace they are doing it at, I am pretty certain they already have other low end companies they've bought and the ink on the contract is drying.
Expect another flurry of 2-3 companies under their umbrella in next 45 days.
jcaleb
New Member
specially to those who have history of selling
DaringHost
New Member
Here's the official release about the acquisition: http://rootleveltech.com/blog/?p=5
When Rus Foster used to feast on the budget market there was many brands that built with the sole purpose of selling out to him. HazeNET and a whole ton of them that he bought were all like that. They got a little bit of cash from sales, pushed stupid cheap deals for a few months then sold to Rus and made a few grand for being a 'sales rep'.
Once Rus left the picture I figured urpad was going to try to fill the gap but I think @Chris Miller stopped himself.
Francisco
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I don't know the US market enough but I don't see how new small companies with one or a few thousands of clients with a low ARPU can be bought for large amount of money.
What is the value of a client ?
I have talked to the Former Owner of SemoWeb asking him What made him sell, and why. Unfortunately he is unable to tell me anything about the sale due to an NDA that was involved during the acquisition of Semoweb. I'm not sure if we will ever know anything about this, other than was has been made available on Root Level Technologies' Site.
I think it should known to the public. I also do have services with SemoWeb and I never received any notification that this was taking place or that it had been done. But, I figure as long as my services stay online and the customer service stays the same, I really don't care.
I think it should known to the public. I also do have services with SemoWeb and I never received any notification that this was taking place or that it had been done. But, I figure as long as my services stay online and the customer service stays the same, I really don't care.
drmike
100% Tier-1 Gogent
I've never heard of such heavy handed legalese being tolerated. Sends signal to me that they are acquiring companies that are struggling to exist and that have/had minimal income.
The rest of the business world would have their lawyers jumping all over the legal stuff and making them stuff those sorts of mouth shut mandates.
I don't agree with Root's strategy to this point. It seems to be silent about the acquisitions and just run them as-is with existing customers. There doesn't seem to be any outreach, brand building, etc.
Compare all that to their WHT ad looking to buy companies:
I Agree, as it they are trying to be sort of 'stealthy' in "acquiring" Brands/Companies. I do not agree with no reaching out the customers to inform them of the sale, as I think customers should be one of the 1st to know. But I guess we will see how far they get.
If the old company (Semoweb whatever) doesn't caese to exist and the customers are still served by that company - then there is not much reason to announce the sale. After all some companies are publicly traded and shares can change hands every day - would you expect announcements for these too?
On the other hand if the old company is closed, customers migrated to a new company - yes, in this case the customers must know about it, preferrably in advance.
On the other hand if the old company is closed, customers migrated to a new company - yes, in this case the customers must know about it, preferrably in advance.
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I took at look at Rootlevel tech and Rburns on WHT.
He used to run CheetahHost.net which appears to of had shutdown/be sold who knows.
However since being a member on WHT he's posted many investment offers and also requested many over the years at the same time.
Odd bit is, Cheetahhost vanishes and straight after it looks like he's running ServerSavior -- Maybe someone got a huge sale? Or finally found that investment he wanted.
it is also noted there were similar sites to CheetahHost back then so it wouldn't surprise if they were much smaller operations he were involved in.
Any actuall link between the companies brought? Just curious = )
He used to run CheetahHost.net which appears to of had shutdown/be sold who knows.
However since being a member on WHT he's posted many investment offers and also requested many over the years at the same time.
Odd bit is, Cheetahhost vanishes and straight after it looks like he's running ServerSavior -- Maybe someone got a huge sale? Or finally found that investment he wanted.
it is also noted there were similar sites to CheetahHost back then so it wouldn't surprise if they were much smaller operations he were involved in.
Any actuall link between the companies brought? Just curious = )
DaringHost
New Member
If I understand correctly, this? : http://rootleveltech.com/products.html
Master Bo
Member
Read also this announcement:
http://www.webhostingtalk.com/showthread.php?t=1282326
Ihave contacted Randal (I use SemoWeb services, after all) and was assured nothing will be changed in the immediate future, and that every change will first be announced.
Anyway, I still feel kid of wary about this sell.
http://www.webhostingtalk.com/showthread.php?t=1282326
Ihave contacted Randal (I use SemoWeb services, after all) and was assured nothing will be changed in the immediate future, and that every change will first be announced.
Anyway, I still feel kid of wary about this sell.
I'm sure there are more that have been sold / are in the process of being sold that we've yet to hear about
